Kolkata-Based PSU Stock To Pay Rs.4.25 Interim Dividend For FY26; Buy & Hold Till The Record Date?

Balmer Lawrie & Co. Ltd., established in 1867 in Kolkata, is a leading, diversified Miniratna-I public sector enterprise under India's Ministry of Petroleum and Natural Gas. The corporation has announced an interim dividend for the fiscal year 2025-2026 and set a record date for that purpose based on a board meeting that took place on March 5.

Following the dividend announcement, Balmer Lawrie & Co Ltd (BALMLAWRIE) was trading at Rs 175.50 on the National Stock Exchange (NSE) as of the market close on 6 March 2026. This represents a gain of 1.18% compared to its previous close of Rs 173.45. With a total trading volume of over 2.49 lakh shares throughout the session, the stock remained stable between a low of Rs 174.01 and a high of Rs 177.00.

The price is currently between Rs 163.08 and Rs 238.20, which is its 52-week range. Currently, the company's market capitalization is Rs 2,997.18 crores. With trailing twelve-month earnings per share (EPS) of Rs 15.62, it is trading at a P/E ratio of 11.23.

Balmer Lawrie Dividend

"This is to hereby inform that the Board of Directors of the Company at its Meeting held on 5th March, 2026 has, inter-alia, declared an Interim Dividend of Rs.4.25/- (Rupees Four and Paise Twenty Five only) per Equity Share of Rs.10 each on 17, 10,03,846 Equity Shares of the Company for the Financial Year 2025-26," the company confirmed in a stock exchange statement.

"In connection with the declaration of Interim Dividend for the Financial Year 2025-26 and pursuant to Regulation 42 of the Listing Regulations, the Board of Directors at the said Meeting has fixed Wednesday, 11th March, 2026 (end of day) as Record date to determine the eligibility of the shareholders to receive the said Interim Dividend," Balmer Lawrie has further informed to stock exchanges.

Balmer Lawrie Dividend Yield

According to Trendlyne statistics, Balmer Lawrie & Comp has issued 25 dividends since September 4, 2001. Balmer Lawrie & Comp has announced an equity dividend of Rs 8.50 per share for the last 12 months. Balmer Lawrie & Comp's dividend yield is 4.85% at the current share price of Rs 175.27.

Balmer Lawrie Target Price

"Balmer Lawrie is currently trading around the Rs. 170-Rs.174 mark and is showing weakness on the charts, sitting below most of its major moving averages. We are also seeing a MACD crossover below the signal line, which indicates that the short-term momentum is still pointing downwards. Immediate support is seen near Rs. 167, and it will face heavy resistance around Rs.182. While the company has solid long-term fundamentals and a healthy dividend yield of nearly 5%, the current technical setup suggests avoiding fresh, short-term entries until the stock forms a proper base and shows clear signs of an upward reversal & crosses above Rs. 189," commented Market Wizard's Adib Noorani on Friday.

Disclaimer: The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred to as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.